Advertisement Management Module 1

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    ADVERTISEMENT MANAGEMENT

    Advertisement:

    Advertisement is a paid form of non personal

    communication about an organization or its

    products that is transmitted to a target

    audience through a mass broadcast medium.

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    FEATURES OF ADVERTISEMENTS

    Non personal form of communication

    Paid form of communication

    Advertisement is issued by an identified

    sponsorAdvertisement is to promote product and

    service

    Advertisement supplement personal selling

    Advertisement disseminates information aboutthe product

    Advertising is a mass way of persuasion

    Advertisement is most efficient way of reaching

    the people

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    OBJECTIVES OF ADVERTISING

    To introduce a new product or a service to themarket to achieve large sales volume their byincreasing profit.

    To introduce new product Increase volume of sales and reduce selling

    expense

    Reach all those people who are inaccessibleto salesman

    Create and maintain permanent demand

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    OBJECTIVES OF ADVERTISING COND

    To overcome competition

    Creates goodwill

    Advertising servers consumers , producersand the middlemen

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    SCOPE OF ADVERTISEMENT ACTIVITIES

    Advertising must promote an effective and constantsupport to dealers, distributers, wholesalers, retailersand salesman

    Advertising activities will give a confidence and brandloyalty to customers

    Advertising activities helps to improve the morale andconfidence of sales force

    Advertising activities will give confidence to shareholders, customers, govt etc

    Advertising activities will give a different imageamong your competitors and in your business circle.

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    FUNCTIONS OF ADVERTISING

    Advertising is a marketing tool

    Advertising as a means of communication

    Advertising is means of persuasionAdvertising is a means of employment

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    TYPE OF ADVERTISING

    Institutional Advertising Product Advertising Information

    Persuade

    Remind Target group basis - Pepsi Youngistan Consumer Advertising

    Industrial Advertising

    Trade Advertising

    Retail Advertising Non profit Advertising

    Professional Advertisement

    Corporate Advertising

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    Geographical Advertisement

    Service Advertising

    Advertising according to the timing ofresponse

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    COMPONENTS OF ADVERTISING

    Advertisers

    consumer

    Advertising

    Agencies

    Support

    organisations

    Mass media

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    STEPS IN DEVELOPING AN

    ADVERTISEMENT CAMPAIGN-

    Identify and analyze target audience

    Define advertisement objectives

    Create advertising platformDetermine advertisement appropriation

    Develop media plan

    Create advertising message Execute campaign

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    BENEFITS OF ADVERTISEMENTS

    Information

    Brand Image

    New product launch Increase the sales

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    DEMERITS

    Increase the cost of the product

    Manipulation of taste and interests

    Advertisement to childrenMay end up in false message

    Moral concerns

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    FOUR MAJOR ASPECTS OF PROMOTION MIX

    Advertising

    Personal selling

    Promotions Public relations

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    ADVERTISING

    Impersonal, one-way

    mass communicationabout a product or

    organization that is

    paid for by a marketer.

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    ADVERTISING MEDIA

    TraditionalAdvertising Media

    ElectronicAdvertising Media

    Television Radio Newspapers Magazines

    Books Direct mail Billboards

    Internet Electronic mail

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    ADVERTISING

    Advantages

    Reach large numberof people

    Low cost percontact

    Can be micro-targeted

    Disadvantages

    Total cost is high

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    PUBLIC RELATIONS

    The marketing function that

    evaluates public attitudes,

    identifies areas within the

    organization that the public

    may be interested in, and

    executes a program of action

    to earn public understanding

    and acceptance.

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    PUBLICITY

    Public information about a

    company, good, or service

    appearing in the mass media

    as a news item, which is free to

    the company.

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    SALES PROMOTION

    Free samples

    Contests

    Premiums

    Trade Shows

    Vacation Giveaways

    Coupons

    Popular Toolsfor

    Consumer Sales

    Promotion

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    ADVERTISEMENT AND SALES PROMOTION

    Advertising is the supporting force for sales

    promotion.

    Sales promotion programe may give direct

    incentive to improve the sale

    Eg: Chilling unit of cola companies

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    PERSONAL SELLING AND ITS ADVANTAGES

    Personal selling is the oldest promotion technique whichhelps to push the product and close the deal.

    Advantage

    Provides a detailed explanationor demonstration of product

    Message can be varied to fit theneeds of each prospective customer

    Can be directed to specific qualified prospects

    Costs can be controlled by adjusting

    sales force size Most effective in obtaining sales and

    gaining satisfied customers

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    THE ROLE OF THE SALES FORCE

    Two-way personal communication

    More effective than advertising in complexselling situations

    The sales force plays a major role in mostcompanies

    The sales force represents the company to

    customersThey also represent the customers to the

    company

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    GOALS OF PERSONAL SELLING

    Increase awareness

    Information gathering

    Stimulate demand

    Provide Information

    Ask for the order

    Brand building

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    MARKETING MIX

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    TYPES OF APPEALS

    Rational or Logical appeal

    Emotional appeal

    Emotional Appeal

    An emotional appeal is related to anindividuals psychological and social needs

    for purchasing certain products and services.Many consumers are emotionally motivatedor driven to make certain purchases.

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    Emotional Appeal is based on 3 ideas:

    Consumer ignores most ads

    Rational ads go unnoticed

    Emotional ads can capture attention

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    ADVERTISING APPEALS

    Fear

    Humor

    Music

    Rationality

    Emotions

    Scarcity Sex

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    RATIONAL APPEAL

    Rational appeal are the thinking process of theaudience.. They involves some sort ofreasoning process.

    High quality Low price

    Easy to use

    Re sale value

    Economic

    Eg: Industrial buyers

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    STEPS IN ADVERTISING PLANNING

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    CONCEPT OF DAGMAR

    DAGMAR is Defining Advertising Goals forMeasured Advertising Results.

    It is basically an approach to advertising

    planning and a precise method for selectingand quantifying goals and for using those

    goals to measure performance.

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    Unaware

    Awareness

    Comprehension and Image

    Attitude

    Action

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    CONCEPT OF DAGMAR

    A Measurable Objective

    A Conceivable Benchmark

    Well-Defined Target Audience

    Fixed time period

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    LIMITATIONS OF DAGMAR

    Promote only sales/No evaluation

    Practical problems

    Measurement

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    LAVIDGE AND STEINER MODEL

    1.awareness

    2.knowledge

    3.liking

    4.preference5.conviction

    6.action

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    MODULE 2

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    PARTICIPATORS OF ADVERTISEMENT

    MANAGEMENT

    Govt Agencies

    Media Organizations

    Advertiser (Client)

    Advertising Agency

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    ORGANIZATION OF ADVERTISERS

    The Larger the advertiser, the greater the

    need for an organizational structure that

    indicates the tastes of the people responsible

    for the firms advertising.Responsibility's are clearly defined

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    VP Marketing

    Sales

    Manager

    MR Manager Advt.Manager

    Functional Organization

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    VP Marketing

    SalesManager

    MR ManagerAdvertisement

    ManagerGroup product

    manager

    BrandManager

    Product Manager Organization

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    ADVANTAGES

    Responsibility is clear

    Quick response for problems and

    opportunities

    Line of communication is shorter

    Excellent training to new executive

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    WEAKNESS

    Managers responsibility is without authority

    He does not have control over other

    functional areas

    Product manager is responsible for each

    activity without authority

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    ORGANIZATIONAL STRUCTURE OF

    ADVERTISEMENT DEPARTMENT

    It is divided based on:

    Functions

    Media

    Product

    Geography

    By end user

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    BASED ON FUNCTION

    Advertisement

    Manager

    Copy writingManager

    ProductionManager

    Art ManagerMedia

    Manager

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    BY MEDIA

    AdvertisementManager

    News paperManager

    BroadcastingManager

    MagazineManager

    TelevisionManager

    Direct Mailing

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    BY GEOGRAPHY

    Advertising

    Manager

    Zone

    A(Manager)

    Zone

    B(Manager)

    Zone

    C(Manager)

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    BY END USER

    Advertising

    Manager

    ConsumerMarket

    Manager

    InstitutionalMarket

    Manager

    Govt Market

    Manager